Shalimar Paints Limited Share Price and Company Fundamentals

4.050 (2.420%)
52 week
87.2 - 175.1

Last traded: Today at 4:39 AM

Shalimar Paints Limited engages in manufacturing, selling, and distributing paints and coatings in India. The company offers decorative paints for interior and exterior surfaces; industrial paints; marine paints, including antifouling paints; packaging coatings for metal decoration; and emulsions, distempers, primers, putty, enamels, varnishes, and lacquers. The company markets its products under the Weather Pro, Xtra Tough Premier, Shaktiman, Signature, Stay Clean, Superlac Advance, No 1 Silk and Master, and NO.1 Distemper brand names. The company was formerly known as Shalimar Paint Colour & Varnish Co. Ltd. and changed its name to Shalimar Paints Limited in September 1963. Shalimar Paints Limited was incorporated in 1902 and is based in Gurugram, India.

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Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Mailing addressPlot No. 28 1st Floor Sector 32 Gurugram 122001 India
Phone / Fax91 12 4461 6600 / 91 12 4461 6659


Dividend yield


Dividend amount


Payout ratio


Shalimar Paints Limited paid ₹0.00 dividend and the ex-dividend date was 09 July 2012.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SHALPAINTS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SHALPAINTS's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Shalimar Paints Limited.

NameTitleAgeTotal Pay
Mr. Ashok Kumar GuptaMD & Vice Chairman6524.7M
Mr. Mohit Kumar DonterChief Financial Officer
Ms. Shikha RastogiCompany Sec. & Compliance Officer
Mr. Jasbir Singh BindraDirector of Sales59
Ms. Minal SrivastavaVP of Marketing43
Shalini AdhaarChief HR Officer47
Mr. Girish MahendleHead of R&D Decorative47
Mr. Chinmaya NayakHead R & D - Industrial48
Mayank GoelHead of National Sales43
Mr. Anil PandeyVP52

Profitability and management effectiveness

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Return on equity


Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Shalimar Paints Limited is and its enterprise value is .

The SHALPAINTS's stocks Beta value is 0.61 making it 39% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Shalimar Paints Limited (NSE:SHALPAINTS) Frequently Asked Questions

1. What is Shalimar Paints Limited's Stock Symbol?

Shalimar Paints Limited trades on NSE under the ticker symbol "SHALPAINTS".

2. What is Shalimar Paints Limited's stock price today?

One share of SHALPAINTS stock can currently be purchased for approximately ₹171.4.

3. How can I contact Shalimar Paints Limited?

Shalimar Paints Limited's mailing address is Plot No. 28 1st Floor Sector 32 Gurugram 122001 India. The company can be reached via phone at 91 12 4461 6600.

4. What is Shalimar Paints Limited's official website?

The official website of Shalimar Paints Limited is